Websites linked to crypto exchange FTX have been taken down on Nov. 9 following a liquidity crisis and pending acquisition of the company by its rival Binance. Websites for Alameda Research and the co...
Tag: FTX
FTX Hurtles Toward Bankruptcy With $8 Billion Hole, US Probe
(Bloomberg) — The crisis engulfing Sam Bankman-Fried’s FTX.com is rapidly worsening, with the onetime crypto wunderkind warning of bankruptcy if his firm can’t secure funds to cover a shortfall ...
SBF Commits to ‘Radical Transparency’ as FTX Seeks Investment Capital
FTX is spending the next week in search of liquidity, the company’s founder said Thursday morning in a Twitter thread pledging “radical transparency” as his company faces dire straits, in need of an i...
JPM Strategists Says – “Ongoing Crisis of FTX Will Push Bitcoin to Fall below $13K”
JP Morgan strategists predict BTC to fall below $13,000 soon. Ongoing FTX crises is the major cause for the current crypto crunch. Crypto market is down 20% in its market cap, worth $200 billion. A...
SBF Says Alameda to Wind Down Over FTX Liquidity Crisis
Share this article Alameda Research is shutting down, Sam Bankman-Fried has confirmed. FTX CEO SBF Says Sorry Alameda Research is winding down its operations. 1) I’m sorry. That’s the bigg...
Tom Brady loses millions of dollars with FTX
As a result of the dangerous collapse of the FTX exchange, of which FTT is the original currency, Tom Brady, the quarterback of the Miami Buccaneers and one of the most famous players in American foot...
How American customers were saved from the FTX mess
After a period of silence that felt like an eternity – after all, a day in crypto is a year anywhere else – the most notorious man in the industry emerged Thursday afternoon, amid the ongoing FTX coll...
Is USDT exposed to FTX? Read what this Tether exec has to say
Tether’s CTO addressed concerns over USDT’s exposure to FTT USDT daily volume sees a spike Members of the cryptocurrency community have been questioning prominent stablecoin companies about their enga...
Coinbase CEO Brian Armstrong Weighs In on FTX Collapse, Says Regulators in Washington May Lose Faith in Industry
Coinbase head Brian Armstrong says the collapse of crypto exchange FTX may make US politicians more skeptical of the crypto industry. In a new interview with Bankless, Armstrong weighs in on the colla...
FTX Announces Downsizing In Alameda, Promises To Reimburse Users
Sam Bankman Fried, CEO at FTX, explained the current state of the crypto exchange platform and their efforts to make users whole. The trading venue collapses after facing a “liquidity crunch” and halt...
El Salvador President Bukele dismisses rumors country holds Bitcoin on FTX
After it was suggested that the President of El Salvador Nayib Bukele was holding some of the nation’s Bitcoin on the FTX cryptocurrency exchange, the CEO of Binance, Changpeng Zhao (CZ), came out to ...
Binance Withdraws From Acquisition Of FTX
The deal between Binance and FTX.com didn’t go through as Binance reversed the acquisition. We are witnessing the end of Bankman-Fried’s crypto empire. Top crypto exchange Binance Holdings, is abandon...
Why Is Crypto Crashing? The FTX Saga Explained
Key Takeaways After announcing a rescue acquisition of FTX, Binance has pulled out of the deal citing concerns about their business practices and ongoing investigations from US regulators. This comes ...
Justin Sun-linked tokens resume trading on FTX at higher prices
Several crypto assets linked to Justin Sun, including Tron (TRX), Just (JST), Sun (SUN), BitTorrent Token (BTT), and Huobi Token (HT), have resumed trading on struggling crypto exchange FTX. #TRX trad...
‘I Sincerely Apologize’ – Sam Bankman-Fried Breaks Silence on Collapse of Crypto Exchange FTX
Sam Bankman-Fried is apologizing for the collapse of his billion-dollar crypto exchange, FTX. In a tweetstorm that breaks a two-day period of silence, Bankman-Fried offers new details on what he says ...
Brian Armstrong pushes to have an easy spot on US Cos. amid FTX crisis
FTX now sees nothing going in its favor. The Securities and Exchange Commission and the Department of Justice are investigating the venture’s handling of customer funds. Certain assets should have bee...
FTX Pursuing ‘Possible New Investors’ As Embattled Exchange Works With Tron’s Justin Sun: Report
FTX founder Sam Bankman-Fried is reportedly not done looking to raise emergency capital to keep his floundering crypto exchange afloat. Bankman-Fried will focus on raising capital for the week ahead, ...
Crypto Prime Broker Hidden Road Partners Urges Clients to Liquidate FTX Positions
Cryptocurrency prime broker Hidden Road Partners is expected to complete the liquidation of its FTX.com holdings tonight, according to Bloomberg. Hidden Road Partners, founded by Marc Asch in 2018, is...
SBF’s Leaked Chat Reveals FTX Anticipates a Raise From Tron’s Justin Sun
The fall of the FTX empire has sent the crypto market into yet another deadly spiral. With Binance pulling out of the deal, Tron’s Justin Sun has joined the rescue race. In the latest update, the exec...
BTC, ETH Extend Declines Following FTX Saga, Markets Now Look Towards US Inflation Report – Market Updates Bitcoin News
Cryptocurrencies continued to crash on Thursday, as market sentiment surrounding the FTX saga remained on the minds of traders. Bitcoin fell below $16,000 late on Wednesday, with prices remaining clos...
Bitcoin sinks under $16K as FTX insolvency fears turn into contagion
Crypto markets crumbled for a second day as the fallout from FTX’s liquidity troubles continued to negatively impact investor sentiment. Throughout the day Bitcoin (BTC) price dropped, falling to a ne...
What To Make Of This Week’s Crypto Meltdown
Chief Executive Officer of FTX Trading Limited Sam Bankman-Fried speaks during a House Committee on … [+] Financial Services (Photo by Jabin Botsford/The Washington Post via Getty Images) The Wa...
FTX Used Customer Funds Among Other Assets to Prop Up Alameda Research in May: Reuters
Sam Bankman-Fried transferred at least $4 billion in FTX funds secured by assets including the crypto exchange’s FTT token and shares in the trading platform Robinhood Markets Inc (HOOD) to supp...
Cardano Avoids FTX Tragedy Thanks to This
Gamza Khanzadaev This is how Cardano avoided FTX tragedy, as ADA becomes least affected top crypto Almost no top altcoin was able to avoid yesterday’s events surrounding the collapse of major cr...
Sam Bankman Fried’s Empire FTX Facing Scrutiny
6 hours ago | 2 mins read Editors News SEC, CFTC, and DOJ are investigating FTX. SEC investigation began before Binance purchased FTX.com. The Sam Backman Fried exchange FTX is under regulatory scruti...
FTX loses Binance as a savior
FTX came out to report that it was suffering from a liquidity crunch. With the exception of Binance, which expressed interest in acquiring FTX’s non-US operations, a number of businesses began to with...
Binance retracts purchase offer for FTX; Bitcoin slumps to $15K levels as stablecoins test dollar peg
The biggest news in the cryptoverse for Nov. 9 includes Binance’s decision to not move forward with the potential acquisition of FTX, Bitcoin’s retrace to $ 15,000 levels, and multiple stablecoins dro...
Is Justin Sun About to Bail Out FTX? TRON Boss Swoops in as SBF Faces Ruin
Share this article It comes after a new report has alleged that Sam Bankman-Fried moved $4 billion worth of FTX funds to save Alameda Research. FTX Reportedly Seeking New Raise Things are going from...
The best crypto exchanges during the FTX phase
The collapse of FTX, one of the world’s top crypto exchanges, has been causing much concern and talk in the crypto world in recent hours. Indeed, the price of FTT, FTX’s native token, has plummeted 8...